Joshua, the World Boxing Association and International Boxing Federation champion, is 20-0 with 20 knockouts and according to the BBC almost set for a March 31 bout at Cardiff against Parker, the World Boxing Organization champion who is 24-0 with 18 knockouts.
Banned diuretics chlorothiazide and hydrochlorothiazide were detected, but he avoided a ban when the WBC found he took them for high blood pressure and fined him £18,497 for failing to disclose he had taken them. A news conference is in the works for next week when the broadcast outlet should be announced.
The pair were scheduled to fight back in November but Ortiz tested positive for a banned substance and the much-anticipated bout was cancelled.
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Unbeaten Ortiz returned to the ring in December, taking Daniel Martz out in two rounds.
"The Bronze Bomber" will instead face Ortiz (28-0), who lost his shot at the title on November 4 when he failed a drugs test and was replaced by Bermane Stiverne. "I think you're one of the best heavyweights in the world and I want to prove that I am the best".
Wilder (39-0, 38 KOs), 32, of Tuscaloosa, Alabama, has been extremely outspoken about the need to rid boxing of fighters caught using performance-enhancing drugs. "I'm gonna whoop your ass".